Morningstar

www.morningstar.com
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There are newer employer reviews for Morningstar

5 people found this helpful  

Good for entry levels, less appealing for experienced folks

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Anonymous Employee in Chicago, IL
Current Employee - Anonymous Employee in Chicago, IL

I have been working at Morningstar full-time (more than 5 years)

Pros

Good work/life balance
Ethical management
Good benefits

Cons

Confused vision from management
Poor incentives for experienced employees
Lots of internal politics
Limited recognition for a job well-done

Advice to ManagementAdvice

Focus less on hiring college grads and more on making Morningstar a rewarding place for someone to spend his career. Notice high job level dissatisfication among experienced employees and make the changes necessary to keep them onboard.

Doesn't Recommend
Negative Outlook
No opinion of CEO

317 Other Employee Reviews for Morningstar (View Most Recent)

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  1. 2 people found this helpful  

    Good company to start your career at

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Chicago, IL
    Current Employee - Anonymous Employee in Chicago, IL

    I have been working at Morningstar full-time (more than 8 years)

    Pros

    Great benefits but fair pay

    Cons

    Virtually little to no opportunity for advancement. Heavy emphasis on hiring college graduates with little experience. Majorirty of employees are interested in career development, so you have a lot of people around the same age/experience level looking for advancement with little opportunity. If you happen to become a manager, there are virtually no career progression opportunities afterwards. Also, senior management does nothing to require managers to effectively manage and be accountable for morale Quality, development and productivity standards are inconsistent across groups within the company. Training is weak, conducted through occasional external workshops and there are no standards/measurements/consequences for acceptable management standards. As a result, there are some really ineffective managers on the foor impacting employee morale, productivity and creating ineffective processes.

    Advice to ManagementAdvice

    Pay more attention to what is actually happening in each SBU, listen to the employees and appoint true leaders. A good leader isn't one who is skilled in one area, but is well rounded and has demonstrated success in multiple areas, gaining the respect of both their peers and leadership. Reward those who go over and beyond.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  2. 1 person found this helpful  

    Great environment, good people

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Manager in Chicago, IL
    Former Employee - Manager in Chicago, IL

    I worked at Morningstar full-time (more than 5 years)

    Pros

    The people are great, and the work environment is fun and in a great location.

    Cons

    Can be a bit disorganized because of the way business is siloed. This is not really a bad thing, because it means most business units can handle business in the best way for that product or team.

    Advice to ManagementAdvice

    Be very careful as you move toward strengthening core businesses and trimming profitable ones on the periphery. There is a lot of good talent that feels the resource squeeze, and it can scare good people away.

    Recommends
    Neutral Outlook
    Approves of CEO
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